Institute of Real Estate Management Chapter 57
Nonprofit profile at a glance
- EIN
- 510204233
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990-EZ 2013
- Location
- Knoxville, TN, USA
- Phone
- 8652192160
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $31,754
- Expenses
- $24,336
- Assets
- $41,227
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- HOLLY SPARKS (PRESIDENT)
- SARA SWEAT (PRESIDENT-ELECT)
People named in this filing
- HOLLY SPARKS (PRESIDENT)
- SARA SWEAT (PRESIDENT-ELECT)
- MARY ROSSON (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In connection with irem national goals, provide the vehicle to educate and develop new accredited residential manager (arm) and certified property manager (cpm) members, provide services and communications to existing members and demonstrate professionalism with the property management industry as well as to the community and customers we serve.
What it reported doing in 2013
Conferences, conventions, meetings, travel and educational stipends, awards, and chapter activities. Events, usually with a program speaker on topics related to property management. Chapter administration and monitoring of legislative activities related to property management.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 3
- Transparency & Controls: 82
- Sustainability: 71
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5%; rating input score 5
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 23.4%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 1.69; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 5% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.